New York State Flex Spending Account (FSA)
Pretax Benefit Plans
The Flex Spending Account (FSA) is a state employee benefit that saves you money by allowing you to pay for certain expenses with pretax dollars. Under this program, you can choose two benefits:
- The Health Care Spending Account (HCSAccount) lets you set aside any amount from $100 to $4,000 to pay for health care expenses that are not reimbursed by your health insurance or other benefit plan.
- The Dependent Care Advantage Account (DCAAccount) allows your family to set aside up to $5,000 in pretax salary for eligible child care, elder care, or disabled dependent care expenses that are necessary for you and your spouse (if you are married) to work.
Please note: The DCAAccount employer contribution, which ceased at the end of 2011, will be reinstated during the option transfer period in October 2013 for distribution in the 2014 calendar year. For employer contribution updates, please call 1-800-358-7202.
For details on eligibility and plan information, please visit the
New York State Flex Spending Account site, www.flexspend.ny.gov.
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